City


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The City

An area in London that forms the center of its financial district. The City is legally called "the City of London" and once formed the entirety of London. The Bank of England, the London Stock Exchange and Lloyd's, among others, are headquartered in the City. In the 1800s, the City was the world's primary financial center and it remains very important. Because of its influence on the wider financial world, the City is often used as a byword for the financial industry in the United Kingdom and its lobbyists. The sheer amount of money traded in the City renders it vitally important to the global economy as well. Interestingly, both businesses and individuals may vote in City elections.

City (of London)

the centre of the UK's FINANCIAL SYSTEM, embracing the MONEY MARKETS (commercial banks, etc.), CAPITAL MARKET (STOCK EXCHANGE), FOREIGN EXCHANGE MARKET, COMMODITY MARKETS and INSURANCE MARKETS. The City of London is also a major international financial centre and earns Britain substantial amounts of foreign exchange on exports of financial services.
References in classic literature ?
On the city of the obtrusive, the brazen-faced, the pen-demagogues and tongue-demagogues, the overheated ambitious:--
And then the great gate in the city wall opposite the platform of Hortan Gur swung suddenly wide.
Nestled in a deep valley lay a city of Martian concrete, whose every street and plaza and open space was roofed with glass.
It began at Salt Lake City with a hundred telephones, in 1880.
But the Guardian of the Gate is considered a faithful Guardian, and the King's Army will not let the City be conquered without a struggle.
Some wireless communications had failed of a satisfactory ending, and fleet and city remembered they were hostile powers.
They stood a long time on the hilltop, feasting their eyes on the splendor of the Emerald City.
In order that the Indians in the Bumper camp might not hear rumors of the new plan to locate the hidden city, and, at the same time, to keep rumors from spreading to the camp of the rivals, the scientist and his friends started a new shaft, and put a shift of men at work on it.
In the sixteenth, it seems to retreat visibly, and to bury itself deeper and deeper in the old city, so thick had the new city already become outside of it.
Beyond the open door Tarzan, from his distant perch, caught but a fleeting glimpse of life within the city, just enough to indicate that there were other human creatures who abode there, and then the door closed.
With the noiselessness of disembodied spirits we moved stealthily along the deserted streets, but not until we were within sight of the plain beyond the city did I commence to breathe freely.
Hence it is evident that a city is a natural production, and that man is naturally a political animal, and that whosoever is naturally and not accidentally unfit for society, must be either inferior or superior to man: thus the man in Homer, who is reviled for being "without society, without law, without family.